AbstractWith the shift of the offshore wind energy sector to deeper waters, demand for the development of more complex foundation solutions, particularly suction bucket – supported tripod/tetrapod and jacket foundations, has increased. This paper is divided into two main sections. The first part comprises a comprehensive review of the performance of circular surface and shallow foundations under combined loading (VHM), and how it can principally be understood in a theoretical framework of plasticity theory. Examination of the considered data suggested that the general assumption of over‐estimated non‐association degree with constant failure surface parameters and increasing vertical load may require further investigation. This may be attributed to the complex interplay of multiple properties such as stress level, soil strength profile and foundation geometry. The existing data in the literature were also used to provide practical guidance for a successful implementation of the elasto‐plastic constitutive relationships in offshore foundation design. In second part of the paper, the suitability of the non‐associated plasticity formulation for a baseline multi‐pod system in H‐M load space was investigated using three‐dimensional (3D) finite element (FE) analyses and not verified. Furthermore, the failure envelopes and hardening law for caissons with different embedment ratios differed from those recommended in the literature were established. Parametric studies of multi‐caisson foundations revealed that the failure mechanism of multi‐bucket foundations under horizontal loading depended greatly on the bucket spacing. The horizontal bearing capacities increased with the bucket spacing until they reached a threshold. Meanwhile, analyses of the multi‐bucket foundation under moment loading confirmed the occurrence of a push‐pull failure mechanism.